Fiducian Group Ltd · ASX:FID
Fiducian — FY2021 Earnings Presentation
26 slides from Fiducian's earnings presentation, Aug 16, 2021
Slide 1: FY 2020-21 Results Investor Presentation
FY 2020-21 RESULTS INVESTOR PRESENTATION Indy Singh – Executive Chairman, Fiducian Group Rahul Guha – Executive Chairman, Fiducian Services 16 August 2021 1
Slide 2: Agenda
Agenda • Business Overview • Financials • Growth Opportunities • Key Dates and Contacts 2
Slide 3: Highlights
Highlights 3
Slide 4: FY Highlights
FY 21 Highlights Group Highlights Business Segments Platform Administration Funds Management $228m $1.1b Net FUAdm inflows Net FUM increase $16.4m $22.8m Revenue Revenue Enabling Financial Planning Division: $3.7b in FUA (46 high quality practices and 72 representatives with a national footprint)
Slide 5: Platform Administration Business
Platform Administration Business 5
Slide 6: Fiducian Overview – Platform Administration
Fiducian Overview – Platform Administration • $2.9 Billion in Funds under Administration (FUAdmin) as at 31 July 2021 • Market competitive platform offering for Investments, Superannuation and SMA administration with own licences • Investment menu includes 15 Fiducian multi-manager funds, 57 externa
Slide 7: Fiducian Overview – Platform Administration: Revenue and PBT
Fiducian Overview – Platform Administration Net Funds Inflows - Six monthly (in $ mil) • Net In-flows of $228 million during FY 2020-21 140 • Both Salaried and Franchised networks contributing 120 to the Inflows 100 • Combination of organic flows from active referrals 80 and inorganic flows from str
Slide 8: Funds Management Business
Funds Management Business 8
Slide 9: Fiducian Overview – Funds Management
Fiducian Overview – Funds Management • $4.0 Billion in Funds under Management as at 31 July 2021 • Fiducian provides highly effective Manage the Manager System (Multi-Manager) with greater diversification and below average risks to generate consistent above average returns • The investment team sele
Slide 10: Fiducian Overview – Funds Management: Fund Performance Rankings
Fiducian Overview – Funds Management • Consistently superior results against the world’s best fund managers in the Australian market 1-year return (ranking) 3-years return (ranking) 7-years return (ranking) 10-years return (ranking) Fiducian Funds 5-years return (ranking) p.a. p.a. p.a. p.a. p.a. Ca
Slide 11: Fiducian Overview – Funds Management: Revenue and Profit
Fiducian Overview – Funds Management • PDS Fund Fees are in line with Funds Revenue & PBT and Average FUM industry peer groups. Added 4.0 benefits for clients are access to 12.1 12.0 multiple managers whose fees 10.7 3.6 3.5 are paid by Fiducian through the 10.0 9.8 9.6 3.1 3.0 relevant Fiducian Fun
Slide 12: Fintech Capabilities
Fintech Capabilities 12
Slide 13: Fiducian Overview – FinTech Capabilities
Fiducian Overview – FinTech Capabilities • Proven and time tested Fintech capabilities underpin Fiducian’s successful business model • Recent programming team expansion and new system development provides opportunities for commercialisation • Market leading Platform Administration System, ‘Fastrack’
Slide 14: Financial Planning Business
Financial Planning Business 14
Slide 15: Fiducian Overview – Financial Planning
Fiducian Overview – Financial Planning • Enabler of steady flows to Fiducian Funds and Platform • 72 planners across 46 offices across Australia • Selective recruitment of Salaried and Franchised planners aligned to Fiducian culture driven by Quality and Expertise • Planners focused on delivering ou
Slide 16: Financials
Financials 16
Slide 17: Financial Highlights
Financial Highlights FINANCIALS 17
Slide 18: Segment Reporting
Segment Reporting FINANCIALS 18
Slide 19: FID outperformance against All Ords Accum Index
FID outperformance against All Ords Accum Index • Since Jun 12, FID has outperformed All Ords by 893% (including dividend) • Dividend pay-out policy is 60-70% of Net Profit After Tax • Full year dividend is 26.90 cents, a growth of 17% over the comparable period FINANCIALS 19
Slide 20: Dividends – $1,000 invested on 1 July 2012
Dividends – $1,000 invested on 1 July 2012 • The graph shows dividend of $277.32 (before franking credits) on $1,000 invested in FID on 01/07/2012. • Double digit EPS growth (based on UNPAT) in 16 out of 21 years since listing FINANCIALS 20
Slide 21: Projecting the Potential: Conceptual Representation
Projecting the Potential: Conceptual Representation The following is a conceptual extrapolation* of how increasing scale lifts EBITDA at an accelerating rate above a relatively fixed cost base: Funds under Management, Administration and Advice (FUMAA) & EBITDA * This is not a projection or a forward
Slide 22: Growth Opportunities
Growth Opportunities 22
Slide 23: Market Opportunities for Growth of the Business
Market Opportunities for Growth of the Business Potential growth via Fiducian Platform and 3rd party planners Funds Business Business * Figures as at 31 July 2021 Currently currently $2.9 bil* $4.0 bil* • Capture market share from disintegration of • Distribution of MTM process to Universities, larg
Slide 24: Key Dates and Contacts
Key Dates and Contacts Retail Investor Presentation (Online) • Time / Date: 12:30 to 1.30 pm, Thursday 19 August 2021 • Join-in details: https://8x8.vc/fiduciangroup/investors.190821 (8x8 app or Google Chrome) or • Dial-in: +61 2 8015 5105 Meeting ID: 558 103 041# Key Dates • Final Dividend Record D
Slide 25: Disclaimer
Disclaimer Information in this document and given in the presentation is of a general nature. It is not intended to be, nor does it, constitute financial, legal or tax advice. The information is given in good faith and, although care has been exercised in compiling it, Fiducian Group Limited and the
Slide 26: Disclaimer
Disclaimer Source: Morningstar Direct. © 2021 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any gene